EMI: ₹3,250/month at 10.5%. Min income: ₹5,417/month.
A ₹1 Lakh bike loan from Hero FinCorp at 10.5% interest for 3 years will cost you ₹3,250 per month as EMI. You will pay a total interest of ₹17,000 over the loan tenure. The minimum monthly income needed is ₹5,417 (assuming no existing EMIs).
Hero FinCorp Bike Loan EMI for ₹1 Lakh at 10.5% for 3 years is ₹3,250 per month.
You need a minimum monthly income of ₹5,417 for a ₹1 Lakh bike loan from Hero FinCorp (at 10.5% rate, assuming no existing EMIs).
The total interest payable on ₹1 Lakh bike loan from Hero FinCorp at 10.5% for 3 years is ₹17,000.
Hero FinCorp charges a processing fee of Up to 3% of loan amount for Bike Loan.
Hero FinCorp Bike Loan prepayment policy: Part prepayment charges apply.